What is Fig?
Fig.co distinguishes itself as the sole funding and publishing platform conceived by gamers, for gamers. It offers a dual mechanism of rewards and investment to finance game development and publishing. Established with the support of prominent figures in the independent game development community, including Brian Fargo, Feargus Urquhart, and Tim Schafer, Fig.co, through its affiliate Fig Publishing, Inc., provides a distinct avenue for investors to support the creation and release of new games. This model fosters a direct connection between the gaming community and the financial backing required for ambitious projects.
How much funding has Fig raised?
Fig has raised a total of $7.8M across 1 funding round:
Series A
$7.8M
Series A (2017): $7.8M with participation from Greycroft Partners, Spark Capital, NextView Ventures, Resolute Ventures, and Draft Ventures
Key Investors in Fig
Greycroft Partners
Greycroft Partners is a venture capital firm specializing in internet and mobile markets, leveraging extensive industry connections to support portfolio companies in gaining visibility and achieving market success.
Spark Capital
Spark Capital, based in Chennai, India, operates as a full-service investment banking company, providing financial advisory and capital raising services.
NextView Ventures
NextView Ventures is a venture capital firm focused on early-stage investments, aiming to support innovative companies in their initial growth phases.
What's next for Fig?
The substantial enterprise-level funding and strategic investment received by Fig indicate a strong market confidence in its disruptive business model. This capital infusion is expected to fuel the expansion of its platform services, enhance its publishing capabilities, and potentially broaden its reach within the global gaming ecosystem. Fig is strategically positioned to capitalize on the growing demand for alternative financing solutions in the video game industry, aiming to solidify its role as a key enabler for developers seeking to bring their creative visions to fruition.
See full Fig company page